MGM Resorts International has hired at least five former Metropolitan Police Department SWAT team members and several former military officers in recent months as it strengthens security at its properties following the deadliest mass shooting in modern U.S. history.
Resort executives must continually research return on investment for non-gaming amenities, which have become more important to their operations over time, Bob Boughner, former president and CEO of Atlantic City’s Borgata and a partner with Global Market Advisors, said Tuesday.
Allegiant Air on Wednesday said a “60 Minutes” segment that questioned its safety record caused fliers to steer clear, but added business is returning to normal.
Las Vegas Sands Corp. rode prosperity in Macau to a record-setting first quarter. The company that owns the Las Vegas Strip’s Venetian and Palazzo resorts set numerous benchmarks for the quarter that ended March 31, including highest mass table gaming drop by revenue, highest retail mall sales and highest cash flow margin since the third quarter of 2006.
SoulCycle is among a mix of new retail business that are headed to Wynn and Encore, public records show.
OpenPath Investments, which says it follows a “socially responsible investment platform,” has bought an east Las Vegas apartment complex.
Caesars Entertainment Corp. has signed an agreement to manage a non-gaming, beach-front resort in Mexico as its seeks to bring its brands to more overseas markets.
A few months after buying its first Las Vegas project site, a Texas homebuilder has picked up another one nearby.
